Group 1: Reddit Inc - Reddit's stock fell 4.8% to $206.10 after reporting fourth-quarter user numbers that did not meet expectations, despite a year-over-year increase of 39% in daily active unique visitors to 101.7 million, which was below the consensus estimate of 103.1 million [2] - The company still managed to beat both top and bottom-line expectations for the quarter, and year-to-date, Reddit's stock has increased by 23.6% [2] Group 2: Deere & Co - Deere's stock decreased by 3.4% to $460.15, despite reporting better-than-expected earnings and revenue for its fiscal first quarter, as investors reacted to the company's cautious outlook indicating softer demand ahead [3] - Year-to-date, Deere's stock maintains an 8.3% lead [3] Group 3: Options Activity - Both Reddit and Deere are experiencing higher-than-usual options activity, with Reddit's stock seeing 11 times its average intraday volume and Deere's stock traded at five times its typical volume for this point in a session [4] - The most popular options contract for Reddit is the February 175 put, while Deere's most active contract is the March 470 put [4]
2 Stocks Losing Ground After Earnings